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we believe we are making the environment safer for our people as a result. >> just a follow-up question. you say those operations are largely back to normal. which operations are not back to normal? and could you talk a little bit about the system in the last few weeks? >> yeah. well, when i said "largely back to normal," i meant that the majority of people were carrying on operations as they were before these assessments took place. there may have been minor adjustments, but largely, as i say, we're totally back to normal. in many areas, mentoring really did not cease. the risk assessments were carried out simultaneously with operations continuing, and there was no interruption in operational activities. in terms of how we are addressing the threats, we are introducing changes into the counterintelligence operations at the afghan national security forces. we are assisting them with some of this. they are just the numbers of people who are assisting with counterintelligence. the national director of security 1 between officers in the national army to assist in this effort. what we're do
we believe we are making the environment safer for our people as a result. >> just a follow-up question. you say those operations are largely back to normal. which operations are not back to normal? and could you talk a little bit about the system in the last few weeks? >> yeah. well, when i said "largely back to normal," i meant that the majority of people were carrying on operations as they were before these assessments took place. there may have been minor adjustments,...
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Oct 5, 2012
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they did their thing to protect the environment, we had another vision in california. we disagree, but we move forward. we did not wait for anybody. we made commitments to reduce greenhouse gases by 25% by year 2020 and 85% by year 2015. we came up with a portfolio of renewable -- a renewable portfolio of 30% by 2020. new common standards. all the things we did -- so much so that secretary-general bank ki-moon encouraged all the other countries to go in the same direction, national governments -- sub-national governments have power and organization. he wanted to encourage them to go in that direction. environmental issues -- that is one issue. there are so many other issues you can address on a sub- national level. that is one thing to do at the schwarzenegger institute, to teach that and make people aware of the power of states and cities and counties. >> i think this has been a wonderful inaugural program. i want to thank the panel very much. thank you all so much for coming in. [applause] those of you who are registered for lunch, we look forward to seeing you there
they did their thing to protect the environment, we had another vision in california. we disagree, but we move forward. we did not wait for anybody. we made commitments to reduce greenhouse gases by 25% by year 2020 and 85% by year 2015. we came up with a portfolio of renewable -- a renewable portfolio of 30% by 2020. new common standards. all the things we did -- so much so that secretary-general bank ki-moon encouraged all the other countries to go in the same direction, national governments...
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Oct 8, 2012
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you come into this environment, many people came in without a job. there were just volunteers and want to get a job. some people came because they wanted to get noticed by the right people. yes, people who had been hired who want more responsibility than in their other jobs. and department heads trying to get more budget than the other department. so you have this thing going on where it's a very chaotic time. you really need to get control of this, because in this environment where there are no norms, it's like building a village from scratch, where everybody comes to a place with no rules, no structures. it's like the wild west. not everybody -- some people have their own tactics for getting blown way. sometimes even the people lose control of their inner jerks. we all have them. so you throw an elbow at the stranger you don't know maybe and maybe that turns into an ongoing skirmish and then maybe arrival restart to develop and then blame starts to apply, reputations start to fail. your leadership can die in the very first days if you don't manage
you come into this environment, many people came in without a job. there were just volunteers and want to get a job. some people came because they wanted to get noticed by the right people. yes, people who had been hired who want more responsibility than in their other jobs. and department heads trying to get more budget than the other department. so you have this thing going on where it's a very chaotic time. you really need to get control of this, because in this environment where there are...
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Oct 4, 2012
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i do not want to kill jobs in this environment. >> let him answer the taxes thing for a moment. >> we had this discussion before. but in order to reduce the deficit, there has to be revenue in addition to cuts. >> gov. romney has ruled out revenue. >> absolutely. the revenue i get is by more people working and getting higher pay and pay more taxes. that is how we balance the budget. the idea of putting more people out of work, you will never get there. you never balance the budget by raising taxes. spain spends 42% of their total economy on government. now spending 42% of our economy of government. i want to go down the plan of growth that puts a americans to work with more money coming in because they are working. >> in order to get the job done, it has to be balanced. >> we have to take a balanced, responsible approach. this is not just when it comes to individual taxes. let's talk about corporate taxes. i have identified areas where we can make a change that i believe would help the economy. the oil industry gets $4 billion a year in corporate welfare. they did deductions that smal
i do not want to kill jobs in this environment. >> let him answer the taxes thing for a moment. >> we had this discussion before. but in order to reduce the deficit, there has to be revenue in addition to cuts. >> gov. romney has ruled out revenue. >> absolutely. the revenue i get is by more people working and getting higher pay and pay more taxes. that is how we balance the budget. the idea of putting more people out of work, you will never get there. you never balance...
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Oct 3, 2012
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if you have two the candidates in a fairly controlled environment even with a skilled moderator letting them to go at each other worse during the debate, that is one thing. if it is just a complete free for all, i think the campaigns would never risk it. >> in the first debate, i that nixon wasworward one of the smartest politicians ever to be vice president, and of course later the president. and he was the most gracious. and that did not come across in the debates. now, why was that? no one seems to have asked that question. was he overhauled by kennedy's wealth? his tan? that is what i would have wanted to know. when nixon did not bring those out any first debate as he did in the next three. i do not think it is an easy question. >> on the fact checking, one thing that i think is helpful is to go to multiple of the fact checking organization, there's the washington post. but go to several and get a consensus about what people have to say about the candidate's statements. >> we will go to a question from the studio. >> i have a question for charlton mcilwain. i have been intrigued by
if you have two the candidates in a fairly controlled environment even with a skilled moderator letting them to go at each other worse during the debate, that is one thing. if it is just a complete free for all, i think the campaigns would never risk it. >> in the first debate, i that nixon wasworward one of the smartest politicians ever to be vice president, and of course later the president. and he was the most gracious. and that did not come across in the debates. now, why was that? no...
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Oct 3, 2012
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i think he grew up in a privileged environment, just like his father wanted to give everything he can. john mccain was someone isolated in his thinking somewhere along the way. also, his parents instilled upon him that because of those privileges, he had a responsibility and that his class had a responsibility to give back and to be a leader later. i think he wants to be president because he wants to make good decisions. he wants to reorganize the government so that it is efficient. he can tell you 137 things he wanted to get done. i do not think mitt romney can tell you what he wants to do. he just wants to be a good president. because of that, if he is leavihe is weaving around out there. he was a very progressive governor until he started looking presidentially and then veered over. in the primaries very much over on the right. he did not want 50%. he wanted 51.1%. i am not saying he does not have principles. he does not have a political philosophy. he does that have things he wants to accomplish. because of that, the campaign is wondering. he is wondering. i think once you get int
i think he grew up in a privileged environment, just like his father wanted to give everything he can. john mccain was someone isolated in his thinking somewhere along the way. also, his parents instilled upon him that because of those privileges, he had a responsibility and that his class had a responsibility to give back and to be a leader later. i think he wants to be president because he wants to make good decisions. he wants to reorganize the government so that it is efficient. he can tell...
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Oct 3, 2012
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they are used the environment. they have somebody to play the moderator and ask questions. obama does not like sound bites. they force him to give answers. they do whatever they can to simulate the debate situation. >> you quote a former chief of staff to boast -- to vice- president alkyl and joe -- al gore and joe biden. let me read some of his points. -- can you elaborate? >> sure. he is not really specifically using this advice for romney or obama, although i have no doubt many of these tips are being passed on to president obama. it is interesting. that was my first short summary of what he has to say. he went into more debt -- depth about each one of those things. impressions of the debate are formed very early. in the first half hour. a lot of the reporters will be writing their stories in the first half hour. you need to come out strong. if there is something you want to say, you have to say it right away. you suggest candidates, when they come out to the sage, right down three points they want to make. when you are watching the debates, you see that. talking points
they are used the environment. they have somebody to play the moderator and ask questions. obama does not like sound bites. they force him to give answers. they do whatever they can to simulate the debate situation. >> you quote a former chief of staff to boast -- to vice- president alkyl and joe -- al gore and joe biden. let me read some of his points. -- can you elaborate? >> sure. he is not really specifically using this advice for romney or obama, although i have no doubt many...
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Oct 8, 2012
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that's kind of the oddity that people are focusing on right now, which, to me, given the environment we're in, does seem a touch odd. > > so what do you look at that's important? do you look at the payroll numbers? do you look at the participation numbers? > > all of them are important. they all serve and weigh into your forecast. the participation number is important because you need people participating in the workforce to push a country forward. that's at the lowest level it has been in 30 years. so there are fewer people today participating than there have been since 1981 in the workforce. the overall employment number is probably the most respected, the 114,000. that's crucial for the economy. you really need to see that kick up into the 200- to 250,000s before we start making headway into the employment problem that we have right now. > > every month they revise that number, so that will probably be changing soon. > > sure. these all are- not guesses, but there's a lot of deviation around them. and as we saw, i think last year's employment numbers were revised up 384,000 are th
that's kind of the oddity that people are focusing on right now, which, to me, given the environment we're in, does seem a touch odd. > > so what do you look at that's important? do you look at the payroll numbers? do you look at the participation numbers? > > all of them are important. they all serve and weigh into your forecast. the participation number is important because you need people participating in the workforce to push a country forward. that's at the lowest level it has...
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Oct 2, 2012
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you could look at the international trade environment and wonder about that. this is the answer to your question, to me, and i think john and i would agree, a world in which the u.s. is still strong but all of these institutions are eroding is not a world i want to live in. the u.s. really does have an interest in trying its best to shore up these institutions. >> bob is coming my way. this is great. [laughter] just a couple quick points. my thesis is not that these institutions are independent. they are infused with power. they are instruments of power. they are used to signal limits on power. power is never divorced from institutions. in that regard, i argue the u.s. has been so brilliant on the world stage for half a century or longer because it has tied its power to these institutions that has both allowed it to make its power and more durable and expensive but also make it more limited and less based on the indiscriminate arbitrary use of power in the more literal sense. there is an argument about how it can allow for a powerful state to be more influenti
you could look at the international trade environment and wonder about that. this is the answer to your question, to me, and i think john and i would agree, a world in which the u.s. is still strong but all of these institutions are eroding is not a world i want to live in. the u.s. really does have an interest in trying its best to shore up these institutions. >> bob is coming my way. this is great. [laughter] just a couple quick points. my thesis is not that these institutions are...
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economy which then leads to increased investment in production and improvement of the overall economic environment i mean this is a classic case of what john maynard keynes called pushing on a string i mean you can just keep feeding money to the bankers given all of these once you do well daria on one level what we need to see of course are a whole new set of policies that will actually reintroduce demand into the economy now winston churchill used to like to say of the united states that the united states always did the right thing and then he would pause for a long period of time and say after they have exhausted all other options now i think with both the european union and the united states we're coming very very close to the realization that we've exhausted all of the bad options if we may finally return to the kind of classical keynesian solutions which were applied to the crisis of the one nine hundred thirty s. that may actually bring us out and that's my great hope so we really need to hope that we are finally at a point where we understand the. the solutions that have been applied thus f
economy which then leads to increased investment in production and improvement of the overall economic environment i mean this is a classic case of what john maynard keynes called pushing on a string i mean you can just keep feeding money to the bankers given all of these once you do well daria on one level what we need to see of course are a whole new set of policies that will actually reintroduce demand into the economy now winston churchill used to like to say of the united states that the...
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we want to protect the environment. we're very proud of the beautiful landscape out here in california but we also want to make sure we don't strangle businesses. that delicate balance is hard to achieve but i think governor brown did the right thing. melissa: i can't believe you're making this argument. it is completely ridiculous. drivers have only themselves to blame. this was riff ren dumb to special cocktail of gasoline that so so expensive and so rare. not only that in 2015 it is getting worse. another proposition came in where standards will get even higher, tighting the stranglehold around drivers you're talking about. votely theirselves to blame for this situation and getting relief from this little respite. i think it is ridiculous. >> i hope it helps. keep in mind when temperatures do cool down, right now it is 75 and sunny across the state so we're not quite there when temperatures cool down the winter blend does not have same effect in it does in the summertime. that's why we do it in the wintertime. meliss
we want to protect the environment. we're very proud of the beautiful landscape out here in california but we also want to make sure we don't strangle businesses. that delicate balance is hard to achieve but i think governor brown did the right thing. melissa: i can't believe you're making this argument. it is completely ridiculous. drivers have only themselves to blame. this was riff ren dumb to special cocktail of gasoline that so so expensive and so rare. not only that in 2015 it is getting...
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Oct 7, 2012
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he would have to over collateralize a loan by 150% under the current regulatory environment. i want him to be able to grow his business. it's a classic example of regulation killing jobs. we need to make sure we have the proper amount of legislation but not overregulation. my commercials talk about reducing spending, and powering our work force for training for jobs available and developing a comprehensive energy policy to put our people back to work, energy independence to protect our environment. >> 30 seconds to rebut. >> you have been running some of the most deceitful attack at the state has ever seen. don't try to pretend that has not been what's happening in that race. when your campaign was asked why you don't start talking about the issues, your campaign manager said it would be a senseless exercise. that's right. for linda mcmahon talking at the issues of be a senseless exercise. the only ads she can run are against me and my family. by pathe is different. -- my path is different. that's what in the final four weeks my campaign will be about. >> it's time now with o
he would have to over collateralize a loan by 150% under the current regulatory environment. i want him to be able to grow his business. it's a classic example of regulation killing jobs. we need to make sure we have the proper amount of legislation but not overregulation. my commercials talk about reducing spending, and powering our work force for training for jobs available and developing a comprehensive energy policy to put our people back to work, energy independence to protect our...
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Oct 5, 2012
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taken from mice into becoming beating heart cell, process didn't in petrie dish and they mimic the environment in the woom. not always a pre-size sigh he says. >>y weekend sometimes wou hinge on whher i came in and saw the cells or not. >>reporter: once the team had enough of the beating cell they began watching them as they grew and developed painstakingly extracting the dna and cataloging the dna changes. possible made possible by the development of powerful new gene sequencing technology. >> this cost 3 billion dollars to one individual dna now we do the same person dna in a week for 3000 dollars. >>reporter: still it took massive network of computer to organize the data into a color-coded genetic blue print detailing the creation of heart cell. while having the blue print conjure up image of agreeing heart but the impact might be preparing them or heading off birth defect in babies before even pwoyvrnlt we potentially co-part of the attraction to understanding the blue print especially this type, is that it is very aamenable to drug type intervention. >>reporter: the team hopes to study di
taken from mice into becoming beating heart cell, process didn't in petrie dish and they mimic the environment in the woom. not always a pre-size sigh he says. >>y weekend sometimes wou hinge on whher i came in and saw the cells or not. >>reporter: once the team had enough of the beating cell they began watching them as they grew and developed painstakingly extracting the dna and cataloging the dna changes. possible made possible by the development of powerful new gene sequencing...
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Oct 6, 2012
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and this is an environment. the radio and tv environment, much like the search engine environment, where competition is always a click away. it was not a mouse click away. but competition was always a click away. you did not have to pay to switch. it was easy to switch in those situations. you might see how to market exercise power art to mark the answer is as the exercise market power to the volume and intensity of advertising, advertising is how you make money and the volume of advertising is how you do is how much money you can make. it is easy to start by thanking we did there is a lot of discussion about whether google has market power in the advertising market. that is not the place to start. the place to start is in search engine. a company with a great, successful product. but the company have market power? if they did, how would they go about exercising that? the answer is they would have more advertising. and because ads are a utility for consumers, consumers are not getting the content for free. they
and this is an environment. the radio and tv environment, much like the search engine environment, where competition is always a click away. it was not a mouse click away. but competition was always a click away. you did not have to pay to switch. it was easy to switch in those situations. you might see how to market exercise power art to mark the answer is as the exercise market power to the volume and intensity of advertising, advertising is how you make money and the volume of advertising is...
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Oct 2, 2012
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i think the environment is tough, and the confidence is low, and when you have a tough environment and low confidence, i've been somewhat, i don't want to use the word depressed but become somewhat of a pessimist. the one thing sam has been is the giant optimist, the bottom of every market sam is buying stuff. and my problem, and then i had this epiphany and i said you know the problem is, if my assessment of the realities are such, everything is massively too expensive. in other words based on the fiscal cliff and all of the head winds the stock wins should be 9,000, not 14,000. the stock marked is getting bullied by qe7 or 8, whatever number it is so we're creating artificial numbers that i don't think the underline will support. >> if barack obama is reelected, would that put you in a state of you might be dprelsed a little bit longer probably, wouldn't you? >> well i just think it would be a continuation of how i am today. >> what do you think right now, are you, do you think he'll be reelected at this point? >> i'm not a political prognosticator. >> off camera you wouldn't say yes
i think the environment is tough, and the confidence is low, and when you have a tough environment and low confidence, i've been somewhat, i don't want to use the word depressed but become somewhat of a pessimist. the one thing sam has been is the giant optimist, the bottom of every market sam is buying stuff. and my problem, and then i had this epiphany and i said you know the problem is, if my assessment of the realities are such, everything is massively too expensive. in other words based on...
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we created an environment to create jobs. i want to create that environment for the entire state and have a government of cooperation, not a government of being an adverse rate for our citizens and our small businesses. >> mr. dalton, your response. >> he talks about his wins. in the last election, he lost charlotte and mecklenburg county. for nine straight years while he was mayor, charlotte was the highest tax city in the state and the highest tax city when he left. he took in 19% pay raise. taxes went up. there is no wonder that the people did not voted for him because of some of those things. >> i would like to continue that conversation. i have talked to voters out there who say they are fed up with congress and the state legislature because they do not think you can get anything done. you are not willing to compromise because of partisan politics. can each give me a specific example of somewhere in your years of public life where you have tossed aside partisan politics and gotten something done? >> i helped a city becom
we created an environment to create jobs. i want to create that environment for the entire state and have a government of cooperation, not a government of being an adverse rate for our citizens and our small businesses. >> mr. dalton, your response. >> he talks about his wins. in the last election, he lost charlotte and mecklenburg county. for nine straight years while he was mayor, charlotte was the highest tax city in the state and the highest tax city when he left. he took in 19%...
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Oct 3, 2012
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but do not create a more hostile environment that is essential. is is important we keep a balance in the region. there is a line between balancing provocation and we want to stay on the side of balance and a constructive environment. >> i was surprised to hear you say that the comments made by both candidates, you used the term deplorable. i know you have endorsed mitt romney. have you had that conversation with him? abbey said i find your comments deplorable? -- have you said i find your comments deplorable? [laughter] >> i see these advertisements for the candidates are debating with each other on how to deal with the cheating of china. both used the word cheat. it may be that in china they do not understand and i am bothered by the fact that appealing to china -- it does not affect my feeling of the canada. >> mitt romney has also talked about labelling china as a currency manipulator. would that be productive? i will take that for a no. >> i have stated my view. i remember the reagan campaign's making statements which i did not think were adeq
but do not create a more hostile environment that is essential. is is important we keep a balance in the region. there is a line between balancing provocation and we want to stay on the side of balance and a constructive environment. >> i was surprised to hear you say that the comments made by both candidates, you used the term deplorable. i know you have endorsed mitt romney. have you had that conversation with him? abbey said i find your comments deplorable? -- have you said i find your...
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and of a environment where it is to hire people. governmen i do not think it is doing well when a minimum wage is $10 an hour in some states. is not there yet but it will hit their quick. that is when to cost people, so people like myself, a small businessman, it is hard for me to employ more people when i am having to pay so much for everything. and the price of everything is going up. the price of fuel, the price of everything is going up. i do not think the government is doing a good job. host: thank you. in the wall street journal -- another comparison between the to the candidates. not to mention the role of government, but the definition of patriotism. president obama says he wants a new economic patriotism, mitt romney nichols a presidential campaign a battle for the soul of america. the candidates are not only racing to win an election. dueling over the mantle of protectionism in america, each claiming they stand for american values. -- next is a call from janice and louisiana. a democrat. caller: i would like the government
and of a environment where it is to hire people. governmen i do not think it is doing well when a minimum wage is $10 an hour in some states. is not there yet but it will hit their quick. that is when to cost people, so people like myself, a small businessman, it is hard for me to employ more people when i am having to pay so much for everything. and the price of everything is going up. the price of fuel, the price of everything is going up. i do not think the government is doing a good job....
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Oct 9, 2012
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if there is demand, that means the housing environment is better. many more people are needing to rent housing than in the recent past. maybe we are getting to more normal balance between people for whom buying a home makes sense and those for whom it's not the right decision at this time. so that has put a lot more pressure on rents and rental prices. rents are going up. that's really a problem at lower incomes where people are competing with a new group of people who have more money to spend and rents going up means a real problem for very low-income people. host: we talk about assistance and breaks for home buyers, but what about renters? what kind of assistance is out there for them? guest: we do have a public housing system and we have vouchers and other such assistance for individuals of low-income. only about a quarter of the people eligible for those programs actually are able to get the benefit. not because they don't qualify but because tre is just not enough money be appropriated to pay for it. host: here's a story in usa today this morni
if there is demand, that means the housing environment is better. many more people are needing to rent housing than in the recent past. maybe we are getting to more normal balance between people for whom buying a home makes sense and those for whom it's not the right decision at this time. so that has put a lot more pressure on rents and rental prices. rents are going up. that's really a problem at lower incomes where people are competing with a new group of people who have more money to spend...
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Oct 9, 2012
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voss will lock in profits and take time to relax and reassess the environment. you have elections, fiscal cliff, the eurozone uncertainty and in that type of environment it is a case of i know things are strong when i get out and look to get back in later on. >> josh brown, what do you do with apple here? do you use the pullback as substantial as it has been, 10% from a peak at the end of september? do you use it as a buying opportunity or a flag in your face that says i have got real reason to worry here? >> i would caution anyone who is booking a funeral home for the final passage of the apple story. i think that's a little premature. technically speaking, we have big volume coming to google and apple and it is the same funds that own both these stocks. nobody should be surprised there is a dip at the beginning of the quarter. i think when have you a quarter where stocks out perform bonds to such a massive degree which is clearly what we saw here, you are going to see people rebalance out of equities, rebalance into stocks and apple is not immune to that. it i
voss will lock in profits and take time to relax and reassess the environment. you have elections, fiscal cliff, the eurozone uncertainty and in that type of environment it is a case of i know things are strong when i get out and look to get back in later on. >> josh brown, what do you do with apple here? do you use the pullback as substantial as it has been, 10% from a peak at the end of september? do you use it as a buying opportunity or a flag in your face that says i have got real...
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Oct 8, 2012
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. >>> so, will so many individual stocks keep making all-time highs in this environment? >> with us today are sam stovall and our own bob pisani. sam, it's going to come down to earnin earnings, right, which starts tomorrow? >> tomorrow. the bar is not just set low, it's set below, under water. >> below dirt. >> off the lows. capital iq is forecasting a 1.3% deline. it was down to 1.8%. big deal. i think some of the numbers underneath are a little more telling, such as right now the early beat ratio at 58% is below the average of 62%. in terms of guidance, those that are guiding negatively are 3.3 to 1 for those guiding positively. >> that sounds very negative for the stock market. >> well, i think it's baked in right now, or a lot of that is probably baked in. the real question is, whether we're likely to be seeing qe3 as the trough -- >> how can it be baked in if we're sitting at 4 1/2 year highs? how is that baked in? >> exactly. >> i think nothing is really new. what has come out yet that's going to tell us things are a lot worse than we anticipated? materials are exp
. >>> so, will so many individual stocks keep making all-time highs in this environment? >> with us today are sam stovall and our own bob pisani. sam, it's going to come down to earnin earnings, right, which starts tomorrow? >> tomorrow. the bar is not just set low, it's set below, under water. >> below dirt. >> off the lows. capital iq is forecasting a 1.3% deline. it was down to 1.8%. big deal. i think some of the numbers underneath are a little more telling,...
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Oct 9, 2012
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>> it will certainly be a different environment and some different people. and reality will face is because of the things you have been talking about. we are either going off the cliff are we are not. we are either making a big deal or we are not. we are either getting the debt limit extended or not. we are either keeping our modest but very important economic growth or we are not. and those issues are going to bring people to a fundamental reality that it may be the same structure, which i hope it's not. it may be the same structure, division of authority, but it's not the same time, and you either fix it or live with it. >> so you think that if we had the same makeup we had, politicians would come to washington next january, deciding that doing a deal is less painful than not doing a deal, in order to get things fixed that you talked about, the tax code, regulation, not clear on what would happen with regulation, energy, immigration, issues that all of you think need to get fixed, do you think american can do the? >> we've had a lot of committees of six, 1
>> it will certainly be a different environment and some different people. and reality will face is because of the things you have been talking about. we are either going off the cliff are we are not. we are either making a big deal or we are not. we are either getting the debt limit extended or not. we are either keeping our modest but very important economic growth or we are not. and those issues are going to bring people to a fundamental reality that it may be the same structure, which...
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no one here wants to harm the environment. what we want to make sure that we do is in a safe, thoughtful manner access the natural resources. lower utility bills from people around the nation, opportunities for a four year university when they come back from the university. 20 years ago we had 37 operating coal mines, but today we do not have 10. we see what is happening, where the unemployment rate is 4%. we know that we could bring down unemployment. we know that we can access resources in a safe manner. i want to make sure that every person in southern illinois who wants to work there, who wants to be in the coal mines, has the opportunity to be there and can provide for their families. [applause] >> paul bradshaw is next. >> of course i am against frakking. it takes vast amounts of clean, drinkable water, ponds it full of chemicals, and fractures underneath the ground and hit the rocks. you talk a lot about creating jobs with it, but it will not create jobs for people in southern illinois. they will move people who know ho
no one here wants to harm the environment. what we want to make sure that we do is in a safe, thoughtful manner access the natural resources. lower utility bills from people around the nation, opportunities for a four year university when they come back from the university. 20 years ago we had 37 operating coal mines, but today we do not have 10. we see what is happening, where the unemployment rate is 4%. we know that we could bring down unemployment. we know that we can access resources in a...
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that just goes to show how he is uneducated about the circle of life in the natural environments. that's all i have to say. host: thanks for the call. guest: fracking and coal are major issues. the romney campaign has tried to cultivate those votes. they have gotten into trouble here and there on coal. fracking is something the state of ohio has proceeded on and have opened up state plans to do that. the state believes they are sitting on a potential gold mine, the marcellus shale and utica sale in the northeast corner of the state. romney is trying to tap into that. i have not dared the president speaks much about much of opposing coal. -- i have not heard the president's speech much about opposing coal. host: do the gas prices rising in california and other areas impact on voter turnout? guest: the president spoke about energy earlier this year at ohio state and gas prices were about to hit $4. the narrative at the time was the president wanted to get ahead of the spin. incumbents usually have a difficult time at winning reelection when the economy is not so good. in this entire
that just goes to show how he is uneducated about the circle of life in the natural environments. that's all i have to say. host: thanks for the call. guest: fracking and coal are major issues. the romney campaign has tried to cultivate those votes. they have gotten into trouble here and there on coal. fracking is something the state of ohio has proceeded on and have opened up state plans to do that. the state believes they are sitting on a potential gold mine, the marcellus shale and utica...
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and yet the military remains an important actor in the north korean political environment, and i think what we're seeing is a government seeking to assure its key constituents and to send a signal to the outside world in the face of what they consider pressure from the south and the government is strong and the national security of the north korea the safe. >> it's given that the south has only increased its missile capacity. >> absolutely. and i think we need to trecks last few months have been very tense on the korean peninsula, and there's been no love lost and the outgoing president is seen as someone who is hostile to the north and that certainly is how the knot paints him. this is very much a political gang waiting for the political senses of december and north koreans are not going to give an inch until they see the new president taking over in january. but for now, as you say, they have every reason to take a tough stance. >> thank you for your time on gmt. let's take a look at some of the other stories making hirnes around the world today. mexican authorities say the leader of
and yet the military remains an important actor in the north korean political environment, and i think what we're seeing is a government seeking to assure its key constituents and to send a signal to the outside world in the face of what they consider pressure from the south and the government is strong and the national security of the north korea the safe. >> it's given that the south has only increased its missile capacity. >> absolutely. and i think we need to trecks last few...
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basically said that you will go to washington, work across party lines, and fix that toxic political environment. but at the same time, you spent years as the democratic party chair, in some ways, being the partisan chief of the party. what would you say to virginians that would convince them that when you go to washington, you'd be not partisan and not simply a loyal lieutenant in harry reid's army. >> i will tell you two things. i served with two presidents. i serve with president bush and president obama. we did not agree on everything. i worked closely on the bush administration on a number of issues that put virginia first. railroads are being built right now largely because of president bush and his secretary of transportation and our ability to work together. we worked with the bush administration in the aftermath of the shootings at virginia tech. i will always be a partner of the nine states, whoever the president is. i also have a track record of working across lines. first, here in richmond. second, as a republican -- as a governor with republican houses. we were the best-managed stat
basically said that you will go to washington, work across party lines, and fix that toxic political environment. but at the same time, you spent years as the democratic party chair, in some ways, being the partisan chief of the party. what would you say to virginians that would convince them that when you go to washington, you'd be not partisan and not simply a loyal lieutenant in harry reid's army. >> i will tell you two things. i served with two presidents. i serve with president bush...
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that's what the fed has created, a very artificial environment where price discovery has been destroyed because the price of money is fake and artificial and not real. >> peter, how are you investing in this environment ten? what are you doing in terms of allocating capital? >> well, you have to -- from the big picture fed perspective, you want to be protecting yourself in non-dollar assets and hard assets and commodities, precious metals, commodities that defends yourself against what the fed is doing. i think earnings will disappoint, not only for q-3, but also the guidance for q-4, so you have to be defensive over the next four weeks. >> everybody talks about the most hated rally. i know i coined that. while money has been coming out of stock mutual funds, there has been money going into etfs and high-yield bond funds. they're not really bond funds. in times of volatility, they act like stock funds. people are seeking alternatives in stock-like instruments. >> bob makes a great point about high yield. we have seen a virtual stampede into high yield. investors have to sell their soul
that's what the fed has created, a very artificial environment where price discovery has been destroyed because the price of money is fake and artificial and not real. >> peter, how are you investing in this environment ten? what are you doing in terms of allocating capital? >> well, you have to -- from the big picture fed perspective, you want to be protecting yourself in non-dollar assets and hard assets and commodities, precious metals, commodities that defends yourself against...
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basically said that you will go to washington, work across party lines, and fix that toxic political environment. but at the same time, you spent years as the democratic party chair, in some ways, being the partisan chief of the party. what would you say to virginians that would convince them that when you go to washington, you'd be not partisan and not simply a loyal lieutenant in harry reid's army. >> i will tell you two things. i served with two presidents. i serve with president bush and president obama. we did not agree on everything. i worked closely on the bush administration on a number of issues that put virginia first. railroads are being built right now largely because of president bush and his secretary of transportation and our ability to work together. we worked with the bush administration in the aftermath of the shootings at virginia tech. i will always be a partner of the nine states, whoever the president is. i also have a track record of working across lines. first, here in richmond. second, as a republican -- as a governor with republican houses. we were the best-managed stat
basically said that you will go to washington, work across party lines, and fix that toxic political environment. but at the same time, you spent years as the democratic party chair, in some ways, being the partisan chief of the party. what would you say to virginians that would convince them that when you go to washington, you'd be not partisan and not simply a loyal lieutenant in harry reid's army. >> i will tell you two things. i served with two presidents. i serve with president bush...
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in some conversations it's more efficiency driven in others it's more growth driven but overall the environment is good for what we do how much of a focus is becoming and what significance does russia play in a growth strategy and then focus the emerging markets for us grow at a rate three to four times faster than our more mature markets so a lot of the customers in russia as an example are uninitiated on an earpiece system or a business software system like s.a.p.'s so there's a huge opportunity to get net new customers especially small and mid-size companies . as i said as i want to try to write nasa more about that next hour all right definitely thanks very much for this marina and coming up shortly our to discuss this with iraq's prime minister possible ways of resolving the syrian crisis and easing tensions across the arab world. you know how sometimes you see a story and it seems so for lengthly you think you understand it and then you glimpse something else you hear or see some other part of it and realize everything you thought you knew you don't know i'm tom harkin welcome to the big
in some conversations it's more efficiency driven in others it's more growth driven but overall the environment is good for what we do how much of a focus is becoming and what significance does russia play in a growth strategy and then focus the emerging markets for us grow at a rate three to four times faster than our more mature markets so a lot of the customers in russia as an example are uninitiated on an earpiece system or a business software system like s.a.p.'s so there's a huge...
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is that enough for this environment where we expect so little to help the president is that enough? >> that is correct. sandra is right, next 30 to 45 days are critical. you have average 401(k) balance about 107,000, and s&p 500 un14% plus year-to-date. if you see those gains evaporate, if they go away because of poor macro headlines and higher oil prices that would be the game changer for voters. they don't want to see their brokerage statement and see these numbers start melting away if that is the case that probably both start to change using their wallets, election day. neil: when you look at the data and the market, if the market is 04 licking mechanism in the market, it can be all over the map. it has been the president's trend, an october surprise or cause pause? in other words, there would just but barring that. president dodges a financial bullet. >> one could argue that the stock market is -- has been artificially propped up by the fed's money printing measures. when the market looks today they look at earnings, we're about to get latest report on quarterly earnings, ubs p
is that enough for this environment where we expect so little to help the president is that enough? >> that is correct. sandra is right, next 30 to 45 days are critical. you have average 401(k) balance about 107,000, and s&p 500 un14% plus year-to-date. if you see those gains evaporate, if they go away because of poor macro headlines and higher oil prices that would be the game changer for voters. they don't want to see their brokerage statement and see these numbers start melting...
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technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. domestic, abundant, clean energy to power our lives... take the steps to reach yours, everyowith usgoals. with real advice, for real goals. the us bank wealth management advisor can help you. every step of the way. from big steps, to little steps. since 1863 we've helped guide our clients, so they can take the steps to help grow, preserve, and pass along their wealth. so their footsteps can help the next generion find their own path. all of us serving you. us bank liz: well, at one point the dow was down 58 points, at the moment here we are down 22, trying to come back here on very thin volume on this day where the bond market
technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. domestic, abundant,...
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>> i think it will struggle to weaken in an environment where we have u.s. federal reserve embarking on what's likely to be an open-endeded quantitative easing program. i think in an environment like that, we're likely to see carry trades continue to be popular, the u.s. dollar to weaken. and partly that's because they have removed a lot of tail risks around a sharp slowdown in global growth, although we're not seeing that just yet. >> i suppose if it doesn't weaken a huge amount, it does help the rba out in terms of its inflation target, right? >> yes, it does. that is one thing that a higher currency will do will keep your import prices low. however, i think the rba have been somewhat frustrated that the exchange rate, australian dollar hasn't acted in its normal way as a buffer against lower global prices for australia's commodities. >> we've had the resources minister saying the mining boom is over. he said these comments a couple times now. if there is a structural shift going on in china as jim was saying earlier and we are now, you know, moving away t
>> i think it will struggle to weaken in an environment where we have u.s. federal reserve embarking on what's likely to be an open-endeded quantitative easing program. i think in an environment like that, we're likely to see carry trades continue to be popular, the u.s. dollar to weaken. and partly that's because they have removed a lot of tail risks around a sharp slowdown in global growth, although we're not seeing that just yet. >> i suppose if it doesn't weaken a huge amount,...
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to former resident security officer eric nordstrom, these incidents paint a clear picture that the environment in libya was fragile at best and could degrade quickly. tonight four republican senators led by john mccain are demanding answers from the cia director and other top intelligence officials in what is becoming an explosive campaign issue. the state department denies it denied the request for more security. but says house republicans cut $300 million from their security budget. tonight four weeks after the attack, the department gave its first blow by blow account of what was clearly a well organized assault, never a spontaneous demonstration as officials first claimed. brian? >> hearings tomorrow. andrea mitchell with our story. thanks. >>> from pakistan tonight a truly shocking story of brutality against a 14-year-old girl targeted r assassination by the taliban because she dared to stand up and speak out. the world is just now learning about this. and reacting to it in horror. we get our report tonight from our nbc news pakistan based correspondent amna nawaz. >> reporter: she's know
to former resident security officer eric nordstrom, these incidents paint a clear picture that the environment in libya was fragile at best and could degrade quickly. tonight four republican senators led by john mccain are demanding answers from the cia director and other top intelligence officials in what is becoming an explosive campaign issue. the state department denies it denied the request for more security. but says house republicans cut $300 million from their security budget. tonight...
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we have the best environment for that talent. >> energy and then campaign finance. >> you are looking at california right now. their massive increases in the costs. when consumers are paying for gasoline, they're not able to purchase their basic commodities every day. what is happening? governor brown is proposing a relaxation of regulation that impact energy industry. that is clearly a concession that regulation drives the costs of energy. we need to have the same focus of discussion in washington. what is happening in california can happen -- >> i heard about that happening in hawaii. >> if you have a stool with two legs, it will fall over. look at what the canadians did with their cash cow. we can do spending, taxes, and energy with our cash cow. >> tom, you think this will happen with the makeup of the government we have today? >> i think when people figure out there is a big chunk of change and there is a debate of people trying to protect entitlements and those trying to kill energy, who are you going to bet on? -- it will save as much as 50 cents per gallon. they pay as much as
we have the best environment for that talent. >> energy and then campaign finance. >> you are looking at california right now. their massive increases in the costs. when consumers are paying for gasoline, they're not able to purchase their basic commodities every day. what is happening? governor brown is proposing a relaxation of regulation that impact energy industry. that is clearly a concession that regulation drives the costs of energy. we need to have the same focus of...
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>>neil: it is tough to succeed in that environment when you are of a political tripe. >>guest: they are afraid they will be blacklisted from movies and never get work again. i commend her for coming out and being courageous. it and the tolerance of the intolerant i like to call it. a lot of people are tolerating intolerance. this is a lesson for voters. especially young voters. this is what happens when you come out and you try and endorse someone on the right especially as a william, you are called all the nasty names. it doesn't play well with the republican war on women argument. >>neil: look forward to it. >> this just in, gallup has mitt romney is up, leading the president across the country. four weeks out, making a battle of it in one very super crucial state in this country. customer erin swenson bought from us online today. so, i'm happy. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (together) she won't be happy. use ups! she can get a text alert, reroute... even reschedule her package. it's ups my choice. are you happy? i'
>>neil: it is tough to succeed in that environment when you are of a political tripe. >>guest: they are afraid they will be blacklisted from movies and never get work again. i commend her for coming out and being courageous. it and the tolerance of the intolerant i like to call it. a lot of people are tolerating intolerance. this is a lesson for voters. especially young voters. this is what happens when you come out and you try and endorse someone on the right especially as a...
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to be the nettle of that piece right here this question of collateral and you're contrasting today's environment with the old days where collateral actually meant something but talk a little bit about that well that's what makes the bubble economy different from what's described in the textbooks if you look at the textbooks that students are taught you have a picture of a factory with smokestacks and workers with lunch pails walking in and out of the factory produce the same goods and services the workers spot but that's not what banks make loans for they don't make loans to build factories or to build anything then it won't only against collateral that's already in place real estate that's already there or oil and gas reserves or the end of corporate raiders to take over a company that's in place and the corporate raider doesn't build up the company and hire more labor with lunch pails get their sizes the labor at cuts costs grabs the pension funds and says we're going to go bankrupt if you don't renegotiate your actions from defined benefit or you know what you're going to be getting to define
to be the nettle of that piece right here this question of collateral and you're contrasting today's environment with the old days where collateral actually meant something but talk a little bit about that well that's what makes the bubble economy different from what's described in the textbooks if you look at the textbooks that students are taught you have a picture of a factory with smokestacks and workers with lunch pails walking in and out of the factory produce the same goods and services...
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so we need to see a lot of changes in the regulatory environment to allow that to happen. in the meantime, we did see a lot of consolidation continue to happen within regions like latin america, like north america, like europe. and asia is a bit more difficult because you didn't have common market like you do in europe. joint ventures and partnerships, so some benefits can be realbut still doesn't really allow for that. >> it's not the same as doing the full monty. brendan, thanks for that. good to see you. just a quick programming note. tomorrow we will bring you a first on cnbc in an interview with the director general, he will be joining us on cnbc. i'm not sure if he's on "worldwide exchange." anyway, on the agenda in asia tomorrow, australia central bank is holding its policy meeting, widely expected to cut rates, but analysts are pretty divide order whether they'll pull the trigger tomorrow. retail sales figures, also. still to come, the mining boom in mongolia has fueled one of the fastest growth rates. more in our trade links special next. bob... oh, hey alex. just
so we need to see a lot of changes in the regulatory environment to allow that to happen. in the meantime, we did see a lot of consolidation continue to happen within regions like latin america, like north america, like europe. and asia is a bit more difficult because you didn't have common market like you do in europe. joint ventures and partnerships, so some benefits can be realbut still doesn't really allow for that. >> it's not the same as doing the full monty. brendan, thanks for...
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they were asked what their views are on the current operating environment. joining us with more, chief economist at deloitte. good to see you. i suppose we had a record second quarter of declines. >> confidence went through the floor back in june on the result of what's going on in the euro area. you've seen a bit of a bounce. risk appetite up is bit so i think cfos are looking at the same things the equity markets are looking at, qe-3 in the states, ecb bond buying. but the interesting thing is the underlying stock support is getting rather more defensive, they're more focused on cash. if respect. >> so what can he can to in terms of laying confidence?f re >> so what can he can to in terms of laying confidence?espe >> so what can he can to in terms of laying confidence?ct. >> so what can he can to in terms of laying confidence?. >> so what can he can to in terms of laying confidence? >> so what can he can to in terms of laying confidence? >> a lot of concerns relate to things outside the uk, in particular the weakness of the euro area, uncertainty. so there
they were asked what their views are on the current operating environment. joining us with more, chief economist at deloitte. good to see you. i suppose we had a record second quarter of declines. >> confidence went through the floor back in june on the result of what's going on in the euro area. you've seen a bit of a bounce. risk appetite up is bit so i think cfos are looking at the same things the equity markets are looking at, qe-3 in the states, ecb bond buying. but the interesting...
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that protects the environment and we produce more energy, domestic energy an jobs from this country. melissa: can you tell me physically what takes the process so much longer? is it your filling out pieces of paper you send them in and don't hear back forever? what in the permitting process takes gap 10 days, couple days in one situation and 290 days in the other? what is it? >> melissa, frankly it is federal bureaucracy. it is red tape. it is epa. bureau land management. what they're doing, they have got a very lengthy, extensive and uncertain permitting process that ties up industry for no real benefit that means less domestic oil, less domestic energy and fewer jobs. melissa: so what's the answer? is it no permits at all? is there a way to expedite the process? do you do the permits locally? what's the answer? >> well, that's, i appreciate you asking that question. that's my point. here in the state of north dakota we're a good example. on private lands we get the wells permitted in 10 days. with the legislation i put forward, empower states act, i have senator mikulski and rankin
that protects the environment and we produce more energy, domestic energy an jobs from this country. melissa: can you tell me physically what takes the process so much longer? is it your filling out pieces of paper you send them in and don't hear back forever? what in the permitting process takes gap 10 days, couple days in one situation and 290 days in the other? what is it? >> melissa, frankly it is federal bureaucracy. it is red tape. it is epa. bureau land management. what they're...
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civilian authority over the army, an army that would be able, and security services, that would provide an environment to the citizenry to be able to express themselves politically and economically and socially, and also an armed force that would defend the territorial integrity and sovereignty of syria. this sector, armed forces, intelligence services, the national police, would be apolitical. we thought of the many challenges ahead, and there are a number of challenges we have taken. we have taken lessons learned from iraq, from libya, and we are under no illusion that there would not be some measure of chaos the day after the collapse of the assad regime treat this may include a vengeance killings, civil disturbances, leaking, and certainly it will include an instrument of reaching power to try to destabilize the situation that is already highly unstable. we took together really all of the potential challenges that we face and head, and we tried to see the possible solutions for each. luckily for us, there are many regional military councils that have endorsed the principle of civilian authority ov
civilian authority over the army, an army that would be able, and security services, that would provide an environment to the citizenry to be able to express themselves politically and economically and socially, and also an armed force that would defend the territorial integrity and sovereignty of syria. this sector, armed forces, intelligence services, the national police, would be apolitical. we thought of the many challenges ahead, and there are a number of challenges we have taken. we have...
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having firearms injected into that environment is not healthy. there is also a lot of dissenting views on campus. all political spectrum represented on campus for some their opinions on many different issues. having firearms present in those kinds of discussions is also, i think, potentially volatile. >> your own personal concerns about, for example, grading students? >> i connect with my students on i a pretty deep level, i think, not only in lecture, but also when i pass on their grading exams. sometimes, a failing grade that i may have to issue as part of my duty as a professor could be the final failing grade that pushes them out of the diversity. that has a potentially big impact on their life, and that is a potential for some rational behavior. after all, they are human beings. i would not a fought -- want a firearm in my own pocket throughout my daily experiences, and i do not believe human being should be trusted to behave appropriately with a firearm circumstances. >> last i was giving a talk at the university church in boulder. a woman
having firearms injected into that environment is not healthy. there is also a lot of dissenting views on campus. all political spectrum represented on campus for some their opinions on many different issues. having firearms present in those kinds of discussions is also, i think, potentially volatile. >> your own personal concerns about, for example, grading students? >> i connect with my students on i a pretty deep level, i think, not only in lecture, but also when i pass on their...